RAINMATTER
Agritech startup Two Brothers Organic Farms raises Rs 58.2 crore from Nithin Kamath’s Rainmatter
Two Brothers Organic Farms, an agritech startup, has raised Rs 58.2 crore in funding led by Nithin Kamath's Rainmatter Foundation. The round also saw participation from Silicon Valley entrepreneur Raju Chekuri, founder of the cybersecurity firm NetEnrich.
ETtech Deals Digest: Startup funding rises 23% on year to $326 million this week
Tracxn data shows, that startups, mostly late-stage, raised funds from 16 rounds. In the same period, a year ago – June 1 to 7, 2023 – they had raised a total of $266 million. The funding winter was in full force by then, having set in from September 2022.
Climate tech firm LogicLadder raises $2.5 million in funding from Big Capital, Rainmatter
Sustainability and climate management solutions provider LogicLadder will use the capital to expand in South Asia and North America. The company also expects allocate a maximum of this funding to new product augmentations and capacity expansion, cofounder and CEO Mayank Chauhan told us.
Smart appliances firm Karban raises Rs 8.9 crore seed round led by All In Capital, Titan Capital and Rainmatter
Karban Envirotech, a firm that manufactures energy-efficient electronic appliances, has raised a seed funding of Rs 8.93 crore. Titan Capital, Rainmatter and All In Capital led the seed round.
Bamboo products maker Amwoodo raises $1 million from Zerodha's Rainmatter
Sustainability-focused Kolkata-based startup Amwoodo said the capital will mainly be allocated to capex, such as upgrading machinery and equipment, upskilling artisans and facilitating expansion initiatives.
Zerodha’s Rainmatter invests Rs 12 crore in foodtech startup TWF Flours
Foodtech startup TWF Flours has raised seed funding in the past from bigwigs in the startup world including Rajaraman Santhanam, cofounder Chargebee; Shan Krishnaswamy, cofounder, Freshworks; Sharath Longanathan, cofounder Ninjakart, among others.
- Go To Page 1
Kitchen appliances startup Upliance AI raises Rs 34 crore in funding led by Khosla Ventures
Bengaluru-based Upliance AI said it will utilise the the funds will be used to accelerate product expansion by investing in tooling and advanced manufacturing techniques, building the team, and collaborating with content creators for marketing.
Zerodha’s Rainmatter pumps in $3.5 million in fitness startup Fittr
Jitendra Chouksey, founder of Fittr, told ET that the startup will get access to the entire ecosystem of health and wellness startups backed by Zerodha with this funding.
Real sports gaming platform Game Theory acquires sports analytics startup Matchday
With the Matchday acquisition, the company aims to use deeptech capabilities to enhance gameplay for sports enthusiasts at all levels.
Sustainable solutions platform Smarter Dharma raises funding from Rainmatter, Gruhas, others
The Bengaluru-based startup works towards reducing the carbon footprint of companies in the real estate sector. The company’s sustainability platform and services use a data-science engine to bring tangibility to sustainability right from the concept stage of real estate products.
ETtech In-depth: Zerodha's Rainmatter gets into heart of investing via road not taken
Zerodha is trying to change the way Indians manage their wealth. With Rainmatter, the startup is trying to change the way Indians eat, stay fit, interact with nature and undertake financial transactions
Tata Digital's Esop delay; inside Nithin Kamath's Rainmatter
Hit by top-deck exits in the past year, Tata Digital, the ecommerce arm of the Tata Group, is trying to assuage senior executives who are still waiting for the stock option component of their pay. This and more in today’s ETtech Morning Dispatch.
'Nikhil & I were among worst performers in school, but we turned out alright.' Zerodha founder Nithin Kamath says college scores do not matter eventually
On Tuesday, the Zerodha founder wrote that supportive parents matter more than prestigious school or college degrees.
Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, others
Game Theory said the funds raised would be used in tech development.
ETtech Deals Digest: Another drab week, but funding density improves on year
The deals average at about $9.6 million per deal in the week, versus $3.26 million per deal in the same week of October 2022.
Eldercare startup Age Care Labs raises $11 million in funding from Rainmatter, Gruhas, others
Age Care Labs’ business includes Emoha, which is focused on solving for elder health at home with emergency, health and engagement services on a platform. The company also has a subsidiary in Epoch Elder Care, co-founded by Neha Sinha, which it acquired in August 2021.
ETtech Deals Digest: Startup funding hits $334 million this week on late-stage investment in Perfios
Funding activity was up 26% in the September 11-15 week, from $264 million raised in the corresponding week last year. However, it was flat on a sequential basis, rising a miniscule 1%.
Pee Safe raises $3 million in a Series B funding round led by Natco Pharma and Rainmatter Health
Hygiene and wellness brand Pee Safe has raised $3 million in a Series B funding round led by Natco Pharma Limited and Rainmatter Health. The funds will be used to expand the company's retail presence in India, expand overseas, and allocate additional resources to marketing and awareness initiatives. Pee Safe offers a range of personal hygiene products, including reusable pads, tampons, and menstrual cups, and aims to address the lack of access to safe menstrual and personal hygiene products for Indian women.
Zerodha expects revenues to be steady this fiscal, says CEO Nithin Kamath
In a previous interaction with ET in April, Kamath had estimated a 30-40% dip in the company’s overall revenue in 2023-24 as account openings were down 50-60% from all-time highs.
Ola’s losses widen, revenue doubles; Zerodha allocates Rs 1,000 crore to fund startups
Bhavish Aggarwal's Ola finally disclosed its financials for FY22 after a year-long delay. This and more in today’s ETtech Top 5.
Zerodha allocates an additional Rs 1,000 crore to back startups through Rainmatter
Zerodha said in a blog post Friday that it has now partnered with over 80 startups and has invested close to Rs 400 crore over the last seven years.
BluJ Aero secures $2.25 million in funding led by Endiya Partners
Aviation startup BluJ Aero has raised $2.25 million in a seed funding round to develop a vertical take-off and landing (VTOL) aircraft powered by hydrogen fuel cell technology.
Ossus Biorenewables raises $2.4 million in funding from Nikhil Kamath's Gruhas, Rainmatter Climate
The startup said it would use the funding to accelerate the deployment of Ossus' OB HydraCel — a bioreactor for on-site hydrogen gas generation — across other sectors.
Fintech firm MProfit raises $2 million in funding
The company claims its tech reduces the manual effort by investors, family offices, financial advisors and chartered accountants, by reading trade files such as contract notes from more than 700 stockbrokers and mutual fund statements.
Big-ticket donations, philanthropic initiatives to tackle climate crisis begin to take shape in India
So far, philanthropic giving for climate change is a sliver of the entire giving pie in India. Detailed data is hard to come by but according to the EdelGive Hurun India Philanthropy List 2022, while there was a 46% rise in donations to environment and sustainability compared with FY21, this amounted to less than Rs 200 crore.
Zerodha arm Rainmatter invests in home appliance company Up
Founded by Mahek Mody, IIT Bombay alumnus and ex-chief of staff at Ather Energy, and Mohit Sharma, ex-head of engineering at Chaayos, the consumer hardware startup said in a statement that it had closed its pre-seed round at $1.3 million.
Akshayakalpa Organic to raise $15 million in Series B funding round
Akshayakalpa plans to aggressively invest in Bengaluru, Chennai, and Hyderabad markets, expand into new geographies of Pune, Mumbai and Kochi and take its long-shelf organic dairy products pan India. Today, Akshayakalpa Organic works with 750 plus farmer families.
Fintech Startup Castler raises $1 million in funding from Zerodha’s arm Rainmatter
Castler will use the funds to expand its domestic & cross-border escrow products portfolio.
Zerodha CEO Nithin Kamath shares tips for bootstrapping start-ups, says ‘not every business can scale’
Entrepreneurs need to understand that not every business can be built without funding.
Load More
